INVESTimate
$47,773
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730 S Main St PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $56.24
CONSTRUCTION
- Beds : 2
- Floor Size : 2,434 sqft
- Baths : 2 Full
730 S Main St SCHOOLS
Financial Details
See Financial Details
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STAR
Neighborhood : STAR
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $987 per month.
MY RENT : $987 MEDIAN RENT : $760
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $987 would therefore be considered affordable for annual household incomes greater than $39,480 (12 months x 3.333 x $987).
HOUSEHOLD INCOME RANGE
Approximately 537 of households in this neighborhood have a total annual income of $39,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $987 per month.
MINIMUM INCOME RANGE : $39,480
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
STAR Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.7% |
Construction | 8.5% |
Educational Services | 7.8% |
Health Care & Social Assistance | 12.9% |
Manufacturing | 28.6% |
Retail & Wholesale Trader | 5.8% |
Other | 27.8% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.3% |
15-19 | 7.2% |
20-24 | 7.8% |
25-44 | 24.3% |
45-65 | 28.0% |
66+ | 19.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 5.9% |
Healthcare | 12.5% |
Management, Business, & Financial | 14.0% |
Natural Resources Maintenance | 19.1% |
Production & Transportation | 24.1% |
Sales & Office | 11.8% |
Other | 12.6% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.5% |
High School | 37.2% |
Masters Degree | 2.5% |
Some College | 20.0% |
Some High School | 20.3% |
Other | 6.6% |
730 S Main St Comps
730 S Main St, Star, NC 27356 is a single family home of 2,434 sqft. HomeUnion INVESTimateĀ® for 730 S Main St includes a Price Estimate of $136,880 and a Rent Estimate of $987. This single family home has 2 bedrooms,2 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 8.65% and Total Return of 45.81%. The estimated 1 year forecast in home value for 730 S Main St is 17.71%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MONTGOMERY County , or the 27356 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2